Santana Rey, owner of Business Solutions, decides to prepare a statement of cash flows for her business using the following financial data.

BUSINESS SOLUTIONS
Income Statement
For Three Months Ended March 31, 2020
Computer services revenue				$	24,807
Net sales					17,993
Total revenue					42,800
Cost of goods sold	$	14,652
Depreciation expenseOffice equipment		380
Depreciation expenseComputer equipment		1,210
Wages expense		2,950
Insurance expense		505
Rent expense		1,975
Computer supplies expense		1,215
Advertising expense		550
Mileage expense		280
Repairs expenseComputer		870
Total expenses					24,587
Net income				$	18,213

BUSINESS SOLUTIONS
Comparative Balance Sheets
December 31, 2019, and March 31, 2020
	Mar. 31, 2020						Dec. 31, 2019
Assets
Cash		$	74,897					$	57,142
Accounts receivable			24,167						5,168
Inventory			644						0
Computer supplies			2,025						520
Prepaid insurance			1,100						1,575
Prepaid rent			785						785
Total current assets			103,618						65,190
Office equipment			7,900						7,900
Accumulated depreciationOffice equipment			(760	)					(380	)
Computer equipment			19,600						19,600
Accumulated depreciationComputer equipment			(2,420	)					(1,210	)
Total assets		$	127,938					$	91,100
Liabilities and Equity
Accounts payable		$	0					$	1,120
Wages payable			965						520
Unearned computer service revenue			0						1,800
Total current liabilities			965						3,440
Equity
Common stock			105,000						80,000
Retained earnings			21,973						7,660
Total liabilities and equity		$	127,938					$	91,100

Required: Prepare a statement of cash flows for Business Solutions using the indirect method for the three months ended March 31, 2020. Owner Santana Rey contributed $25,000 to the business in exchange for additional stock in the first quarter of 2020 and has received